State can do more on coronavirus fightThe government deserves commendation for coming up with monetary and fiscal packages to mitigate the effects of the coronavirus pandemic on the economy.But this is not enough. These industrialised countries have all adopted a war-like stance in dealing with the health crisis that has morphed into an economic one. After all, the country raised tens of billions of shillings in infrastructure bonds a few years ago. What then is stopping the government from issuing similar but well-structured industrial bonds to kick-start industrialisation in priority areas? SEE ALSO :Factbox: What we know about the new coronavirus spreading in China and beyondAre you suspecting that you have coronavirus?
Source: Standard Digital March 31, 2020 09:56 UTC